News Centre

US Interagency Statement On Community Reinvestment Act Joint Agency Action

Date 20/07/2021

The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA).

Readout Of US Secretary Of The Treasury Janet L. Yellen’s Meeting With His Majesty King Abdullah II ibn Al Hussein Of Jordan

Date 20/07/2021

Today, Secretary of the Treasury Janet L. Yellen met with His Majesty King Abdullah II ibn Al Hussein, King of the Hashemite Kingdom of Jordan. Secretary Yellen underscored the broad partnership between the United States and Jordan. She noted the challenges Jordan faced, complicated by COVID, and encouraged His Majesty to continue to implement reforms that will help Jordan to boost sustainable growth and job creation. The Secretary also welcomed the partnership between the two countries in combatting terrorist finance in the region.

Federal Reserve Board Statement On The Community Reinvestment Act

Date 20/07/2021

The Federal Reserve Board on Tuesday announced it is committed to working together with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). "We are delighted to work together to develop a joint Notice of Proposed Rulemaking building on the Board's September 2020 Advance Notice of Proposed Rulemaking, which was intended to provide a framework for a joint rulemaking that ensures the CRA remains a strong and effective tool to address inequities in access to credit and meet the needs of low- and moderate-income communities and garners broad support," said Federal Reserve Governor Lael Brainard.

DTCC’s NSCC Enhances ETF Solution With Automated Collateral Management Process As Firms Navigate Volatility - Enhancements Include New Fixed-Income ETF Capabilities Along With A New No-Touch Process That Provides The Industry With Increased Operational Efficiency And Balance Sheet Relief

Date 20/07/2021

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced that its subsidiary, National Securities Clearing Corporation (NSCC), has launched an automated solution that streamlines and simplifies the Exchange-Traded Fund (ETF) collateral management process and adds new fixed income ETF capabilities, a critical step to freeing up capital and increasing operational efficiency during market uncertainty and volatility. Today, NSCC processes an average of 260,000 ETF create/redeem transactions every day.

ISDA derivatiViews: Get Ready For Phase Five, Get Set For Phase Six

Date 20/07/2021

With the arrival of summer in the northern hemisphere, July and August tend to be relatively quiet months in finance. But scratch beneath the surface of the derivatives market and you will find a large group of market participants busy getting ready for a seismic change.

B3’s Sustainability Index Will Disclose Companies’ ESG Ranking Positions

Date 20/07/2021

Pioneer in Latin America, the B3 Corporate Sustainability Index (ISE B3) has just been revised to streamline its methodology and make it more transparent for investors, allowing for rankings to be assigned to publicly-traded companies that are most advanced in the environmental, social and corporate governance (ESG) agenda. Launched in 2005, the ISE B3 index invites the companies whose listed stocks rank in the top 200 positions by liquidity to participate in its selection process.

MIAX Exchange Group Updated Market Data Policies

Date 20/07/2021

The MIAX Exchange Group has amended its Market Data Policies (“Policies”) relating to the reporting requirements of MIAX Exchange Group Market Data (the “Amendment”). This Amendment is effective immediately for new Market Data Subscribers, and will become effective on September 20, 2021 for existing Market Data Subscribers, which is 60 days from the date of this notice.

Moscow Exchange: Risk Parameters Change For The Securities

Date 20/07/2021

The following risk parameters will be changed:

BIS: Basel Committee Consults On An Amendment To The Process For Reviewing The G-SIB Methodology

Date 20/07/2021

• Basel Committee consults on a technical amendment to the Basel Framework to reflect a new process for reviewing the G-SIB assessment methodology.
• The Committee plans to replace the existing three-year review cycle with a process of ongoing monitoring and review.
• The Committee invites comments on the amendment by 3 September.

ESMA Publishes Fourth Annual Report On Use Of Sanctions For UCITS

Date 20/07/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes its 2020 report on the use of supervisory sanctions by National Competent Authorities (NCAs) under the Undertakings for Collective Investments in Transferrable Securities (UCITS) Directive.